Shinhan Financial Group Co. is set to receive a substantial interim cash dividend from its wholly-owned subsidiary, Shinhan Life, for the 2024 fiscal year. This dividend underscores the financial strength and profitability of Shinhan Life, providing a direct benefit to the parent company.
The interim cash dividend amounts to KRW 150 billion, translating to KRW 1,297 per common share. This significant inflow will enhance Shinhan Financial Group's financial resources and capital position.
The receipt of this dividend reflects effective management and strong performance within Shinhan Life, contributing positively to Shinhan Financial Group's overall financial health and ability to pursue its strategic objectives.
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